Polybutene Market Research Report – Forecast till 2030

Polybutene Market: Information by Application (Adhesives, Cosmetics, Electrical Insulation, Fuel and Lubricant Additives, Lubricants, Others), Region (North America, Asia-Pacific, Latin America, Middle East & Africa) — Forecast till 2030

ID: MRFR/CnM/6020-HCR | February 2021 | Region: Global | 140 pages

Market Synopsis


Polybutene Market was valued at USD 1.78 billion in 2016, growing with the CAGR of 4.5% during the forecast period. Polybutene is a plastic resin which exhibit excellent color, cohesive nature, chemical and oxidative stability, and low permeable properties. It has been majorly used as modifiers and extenders in butyl rubbers. Polybutene also helps in reducing tensile strength and heat distortion temperature. Superior properties of polybutene makes it ideal application for flexible automotive components such as gasketing, mudguards, wire jacketing and airbag door covers.


Market Segmentation


The polybutene market has been segmented on the basis of application and region. Based on application, the polybutene market has been segregated into automotive, adhesive, electrical insulation, fuel and lubricant additives, cosmetics and personal care and other. Adhesive based polybutene has been dominating the market, it maintains high flexibility at low temperatures. As an adhesive its chief application are binding and packing majorly used in diapers and feminine products.


polybutene based lubricants segment is projected to witness significant growth owing to wide application in automotive and industrial lubrication replacing mineral oil. Polybutene unique properties such as good lubricity, hydrophobicity, high film strength and non-corrosive nature further augments its application as lubricants in end-use industries.


Key Players


Some of the prominent players in the Polybutene market are BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharasthra Polybutenes Ltd (India), A S Harrison & Co Pty Limited (Australia) and Kothari Petrochemicals (India).


Market Overview


Growing polybutene based adhesive application in labels & tapes, disposable soft goods and food packaging is expected to drive the market demand. According to market research future report global adhesive tape market is expected to be around USD 62 billion by 2022. Development in packaging, automotive and consumer electronics have offered growth potential for adhesive market. In addition, according to China Adhesives and Tapes Industry Association, China adhesive production in 2014 was 6.59 million tons which has increased by 6.1% from 2013. Thus, rise in adhesive production and consumption is projected to propel polybutene market demand.


Increasing application of polybutene as an electrical insulation in several electronic products is projected to fuel market demand. Government initiative to strengthen economic growth in developing nations such as India, China, Africa, along with population growth and improving standard of living, is favoring global polybutene market. For instance, Electronic Industries Association of India has reported that Indian consumer electronic application production was worth USD 7,836 million in 2016 which has increased to USD 9,090 million in 2017. Thus, shift in consumers lifestyle towards smart lives has surged the demand for convenience electronic goods which has been positively influencing the polybutene application.


Global Polybutene Market Share, by Application, 2017 (%)


Polybutene Market


Source: MRFR analysis


Regional Analysis


Asia-Pacific dominates the global polybutene market with significant market share owing to rapid industrialization favouring the end-use industries of polybutene. The market growth is supplemented by low labour cost and economic growth. In addition, China and India government initiative to drive economic growth through innovation is expected to boost polybutene market demand. Moreover, recent trend of capacity expansion by global chemical manufacturing companies in emerging economies to meet customer demand is positively influencing the polybutene market growth during review period.


In North America market demand is positively impacted by growing application of polybutene in cosmetic & personal care products. Evolving consumers grooming habitat have increased the usage of cosmetic and skin care products in recent years. Further, increasing skin diseases across the globe has triggered the global consumption of skin care products. For instance, it is estimated that around 9,500 people are diagnosed by skin cancer in U.S. every day according to American Academy of Dermatology. Middle East & Africa and Latin America is expected to witness steady growth during the assessment period owing to rising application of polybutene in fuel and lubricants additive.


 


Intended Audience



  • Polybutene manufacturers

  • Traders and distributors of Polybutene

  • Research and development institutes

  • Potential investors

  • Raw material suppliers

  • Nationalized laboratories



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 1.78 Billion
  CAGR   CAGR of 4.5% (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Basis of application and region.
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharasthra Polybutenes Ltd (India), A S Harrison & Co Pty Limited (Australia) and Kothari Petrochemicals (India).
  Key Market Opportunities   Increasing application of polybutene as an electrical insulation in several electronic products is projected to fuel market demand.
  Key Market Drivers   Development in packaging, automotive and consumer electronics have offered growth potential for adhesive market.


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Frequently Asked Questions (FAQ) :


Polybutene Market is predicted to grow at 4.5% through forecast period of 2020-2027.

The forecast period for Polybutene Market research report is 2020-2027.

Some of the prominent players in the Polybutene market are BASF SE (Germany), Dongfang Hongye Limited Company (China), DAELIM (South Korea), INEOS (UK), Lubrizol Corporation (U.S.), LyondellBasell Industries Holdings B.V. (The Netherlands), Mitsui Chemicals, Inc. (Japan), TPC Group (U.S.), Ylem Technology Co., Ltd. (South Korea), Braskem (Brazil), KEMAT Polybutenes (Belgium), SOLTEX (U.S.), Maharasthra Polybutenes Ltd (India), A S Harrison & Co Pty Limited (Australia) and Kothari Petrochemicals (India).

Global Polybutene Market is dominated by APAC region.

TABLE OF CONTENTS

1 Executive Summary

2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Research Objectives

2.2.2 Assumptions & Limitations

2.3 Markets Structure

3 Market Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Forecast Model

4 Market Landscape

4.1 Supply Chain Analysis

4.1.1 Raw Material Suppliers

4.1.2 Manufacturers/Producers

4.1.3 Distributors/Retailers/Wholesalers/E-Commerce Merchants

4.1.4 Application

4.2 Porter’s Five Forces Analysis

4.2.1 Threat of New Entrants

4.2.2 Bargaining Power of Buyers

4.2.3 Bargaining Power of Suppliers

4.2.4 Threat of Substitutes

4.2.5 Intensity of Competitive Rivalry

5 Industry Overview of Global Polybutene Market

5.1 Introduction

5.2 Drivers

5.3 Restraints

5.4 Opportunities

5.5 Challenges

6 Market Trends

6.1 Introduction

6.2 Growth Trends

6.3 Impact Analysis

7. Global Polybutene Market, by Application

7.1 Introduction

7.2 Adhesives

7.2.1 Market Estimates & Forecast, 2020–2027

7.2.2 Market Estimates & Forecast, by Region, 2020–2027

7.3 Cosmetics and Personal Care

7.3.1 Market Estimates & Forecast, 2020–2027

7.3.2 Market Estimates & Forecast, by Region, 2020–2027

7.4 Electrical Insulation

7.4.1 Market Estimates & Forecast, 2020–2027

7.4.2 Market Estimates & Forecast, by Region, 2020–2027

7.5 Fuel and Lubricant Additives

7.5.1 Market Estimates & Forecast, 2020–2027

7.5.2 Market Estimates & Forecast, by Region, 2020–2027

7.6 Lubricants

7.6.1 Market Estimates & Forecast, 2020–2027

7.6.2 Market Estimates & Forecast, by Region, 2020–2027

7.7 Others

7.7.1 Market Estimates & Forecast, 2020–2027

7.7.2 Market Estimates & Forecast, by Region, 2020–2027

8. Global Polybutene Market, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2020–2027

8.2.2 Market Estimates & Forecast by Application, 2020–2027

8.2.6 US

8.2.6.1 Market Estimates & Forecast, 2020–2027

8.2.6.2 Market Estimates & Forecast by Application, 2020–2027

8.2.7 Canada

8.2.7.1 Market Estimates & Forecast, 2020–2027

8.2.7.2 Market Estimates & Forecast by Application, 2020–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, 2020–2027

8.3.2 Market Estimates & Forecast by Application, 2020–2027

8.3.6 Germany

8.3.6.1 Market Estimates & Forecast, 2020–2027

8.3.6.2 Market Estimates & Forecast by Application, 2020–2027

8.3.7. France

8.3.7.1 Market Estimates & Forecast, 2020–2027

8.3.7.2 Market Estimates & Forecast by Application, 2020–2027

8.3.8 Italy

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast by Application, 2020–2027

8.3.9 Spain

8.3.9.1 Market Estimates & Forecast, 2020–2027

8.3.9.2 Market Estimates & Forecast by Application, 2020–2027

8.3.10 UK

8.3.10.1 Market Estimates & Forecast, 2020–2027

8.3.10.2 Market Estimates & Forecast by Application, 2020–2027

8.3.8 Russia

8.3.8.1 Market Estimates & Forecast, 2020–2027

8.3.8.2 Market Estimates & Forecast by Application, 2020–2027

8.3.12 Netherlands

8.3.12.1 Market Estimates & Forecast, 2020–2027

8.3.12.2 Market Estimates & Forecast by Application, 2020–2027

8.3.13 Rest of Europe

8.3.13.1 Market Estimates & Forecast, 2020–2027

8.3.13.2 Market Estimates & Forecast by Application, 2020–2027

8.4 Asia Pacific

8.4.1 Market Estimates & Forecast, 2020–2027

8.4.2 Market Estimates & Forecast by Application, 2020–2027

8.4.6 China

8.4.6.1 Market Estimates & Forecast, 2020–2027

8.4.6.2 Market Estimates & Forecast by Application, 2020–2027

8.4.7 India

8.4.7.1 Market Estimates & Forecast, 2020–2027

8.4.7.2 Market Estimates & Forecast by Application, 2020–2027

8.4.8 Japan

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast by Application, 2020–2027

8.4.9 Australia

8.4.9.1 Market Estimates & Forecast, 2020–2027

8.4.9.2 Market Estimates & Forecast by Application, 2020–2027

8.4.10 Malaysia

8.4.10.1 Market Estimates & Forecast, 2020–2027

8.4.10.2 Market Estimates & Forecast by Application, 2020–2027

8.4.8 South Korea

8.4.8.1 Market Estimates & Forecast, 2020–2027

8.4.8.2 Market Estimates & Forecast by Application, 2020–2027

8.4.12 Rest of Asia Pacific

8.4.12.1 Market Estimates & Forecast, 2020–2027

8.4.12.2 Market Estimates & Forecast by Application, 2020–2027

8.5 Middle East & Africa

8.5.1 Market Estimates & Forecast, 2020–2027

8.5.2 Market Estimates & Forecast by Application, 2020–2027

8.5.6 Saudi Arabia

8.5.6.1 Market Estimates & Forecast, 2020–2027

8.5.6.2 Market Estimates & Forecast by Application, 2020–2027

8.5.7 UAE

8.5.7.1 Market Estimates & Forecast, 2020–2027

8.5.7.2 Market Estimates & Forecast by Application, 2020–2027

8.5.8 Africa

8.5.8.1 Market Estimates & Forecast, 2020–2027

8.5.8.2 Market Estimates & Forecast by Application, 2020–2027

8.5.9 Rest of the Middle East & Africa

8.5.9.1 Market Estimates & Forecast, 2020–2027

8.5.9.2 Market Estimates & Forecast by Application, 2020–2027

8.6 Latin America

8.6.1 Market Estimates & Forecast, 2020–2027

8.6.2 Market Estimates & Forecast by Application, 2020–2027

8.6.4 Brazil

8.6.4.1 Market Estimates & Forecast, 2020–2027

8.6.4.2 Market Estimates & Forecast by Application, 2020–2027

8.6.5 Argentina

8.6.5.1 Market Estimates & Forecast, 2020–2027

8.6.5.2 Market Estimates & Forecast by Application, 2020–2027

8.6.6 Mexico

8.6.6.1 Market Estimates & Forecast, 2020–2027

8.6.6.2 Market Estimates & Forecast by Application, 2020–2027

8.6.7 Rest of Latin America

8.6.7.1 Market Estimates & Forecast, 2020–2027

8.6.7.2 Market Estimates & Forecast by Application, 2020–2027

9. Competitive Landscape

9.1 Introduction

9.2 Market Key Strategies

9.3 Key Development Analysis

(Expansions/Mergers & Acquisitions/Joint Ventures/New Product Developments/Agreements/Investments)

10. Company Profiles

10.1 BASF SE

10.1.1 Company Overview

10.1.2 Financial Updates

10.1.3 Product/Business Segment Overview

10.1.4 Key Developments

10.1.5 SWOT Analysis

10.1.6 Key Strategies

10.2 Dongfang Hongye Limited Company

10.2.1 Company Overview

10.2.2 Financial Updates

10.2.3 Product/Business Segment Overview

10.2.4 Key Developments

10.2.5 SWOT Analysis

10.2.6 Key Strategies

10.3 DAELIM

10.3.1 Company Overview

10.3.2 Financial Updates

10.3.3 Product/Business Segment Overview

10.3.4 Key Developments

10.3.5 SWOT Analysis

10.3.6 Key Strategies

10.4 INEOS

10.4.1 Company Overview

10.4.2 Financial Updates

10.4.3 Product/Business Segment Overview

10.4.4 Key Developments

10.4.5 SWOT Analysis

10.4.6 Key Strategies

10.5 Lubrizol Corporation

10.5.1 Company Overview

10.5.2 Financial Updates

10.5.3 Product/Business Segment Overview

10.5.4 Key Developments

10.5.5 SWOT Analysis

10.5.6 Key Strategies

10.6 LyondellBasell Industries Holdings B.V.

10.6.1 Company Overview

10.6.2 Financial Updates

10.6.3 Product/Business Segment Overview

10.6.4 Key Developments

10.6.5 SWOT Analysis

10.6.6 Key Strategies

10.7 Mitsui Chemicals, Inc.

10.7.1 Company Overview

10.7.2 Financial Updates

10.7.3 Product/Business Segment Overview

10.7.4 Key Developments

10.7.5 SWOT Analysis

10.7.6 Key Strategies

10.8 TPC Group

10.8.1 Company Overview

10.8.2 Financial Updates

10.8.3 Product/Business Segment Overview

10.8.4 Key Developments

10.8.5 SWOT Analysis

10.8.6 Key Strategies

10.9 Ylem Technology Co., Ltd.

10.9.1 Company Overview

10.9.2 Financial Updates

10.9.3 Product/Business Segment Overview

10.9.4 Key Developments

10.9.5 SWOT Analysis

10.9.6 Key Strategies

10.10 Braskem

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.10.6 Key Strategies

10.11 KEMAT Polybutenes

10.11.1 Company Overview

10.11.2 Financial Updates

10.11.3 Product/Business Segment Overview

10.11.4 Key Developments

10.11.5 SWOT Analysis

10.11.6 Key Strategies

10.12 SOLTEX

10.12.1 Company Overview

10.12.2 Financial Updates

10.12.3 Product/Business Segment Overview

10.12.4 Key Developments

10.12.5 SWOT Analysis

10.12.6 Key Strategies

10.10 MAHARASTHRA POLYBUTENES LTD

10.10.1 Company Overview

10.10.2 Financial Updates

10.10.3 Product/Business Segment Overview

10.10.4 Key Developments

10.10.5 SWOT Analysis

10.10.6 Key Strategies

10.14 A S Harrison & Co Pty Limited

10.14.1 Company Overview

10.14.2 Financial Updates

10.14.3 Product/Business Segment Overview

10.14.4 Key Developments

10.14.5 SWOT Analysis

10.14.6 Key Strategies

10.15 Kothari Petrochemicals

10.15.1 Company Overview

10.15.2 Financial Updates

10.15.3 Product/Business Segment Overview

10.15.4 Key Developments

10.15.5 SWOT Analysis

10.15.6 Key Strategies

11. Conclusion

LIST OF TABLES

Table 1 Global Polybutene Market, by Region, 2020–2027

Table 2 North America: Polybutene Market, by Country, 2020–2027

Table 3 Europe: Polybutene Market, by Country, 2020–2027

Table 4 Asia-Pacific: Polybutene Market, by Country, 2020–2027

Table 5 Middle East & Africa: Polybutene Market, by Country, 2020–2027

Table 6 Latin America: Polybutene Market, by Country, 2020–2027

Table 7 Polybutene Product Market, by Region, 2020–2027

Table 8 North America: Polybutene Product Market, by Country, 2020–2027

Table 9 Europe: Polybutene Product Market, by Country, 2020–2027

Table 10 Asia-Pacific: Polybutene Product Market, by Country, 2020–2027

Table 11 Middle East & Africa: Polybutene Product Market, by Country, 2020–2027

Table 12 Latin America: Polybutene Product Market, by Country, 2020–2027

Table 13 Polybutene Application Market, by Region, 2020–2027

Table 14 North America: Polybutene Application Market, by Country, 2020–2027

Table 15 Europe: Polybutene Application Market, by Country, 2020–2027

Table 16 Asia-Pacific: Polybutene Application Market, by Country, 2020–2027

Table 17 Middle East & Africa: Polybutene Application Market, by Country, 2020–2027

Table 18 Latin America: Polybutene Application Market, by Country, 2020–2027

Table 19 Global Product Market, by Region, 2020–2027

Table 20 Global End-Use Industries Market, by Region, 2020–2027

Table 21 North America: Polybutene Market, by Country, 2020–2027

Table 22 North America: Polybutene Market, by Application, 2020–2027

Table 24 Europe Polybutene Market, by Country, 2020–2027

Table 25 Europe Polybutene Market, by Application, 2020–2027

Table 27 Asia-Pacific Polybutene Market, by Country, 2020–2027

Table 28 Asia-Pacific Polybutene Market, by Application, 2020–2027

Table 30 Middle East & Africa: Polybutene Market, by Country, 2020–2027

Table 31 Middle East & Africa: Polybutene Market, by Application, 2020–2027

Table 33 Latin America: Polybutene Market, by Country, 2020–2027

Table 34 Latin America: Polybutene Market, by Application, 2020–2027

LIST OF FIGURES

FIGURE 1 Polybutene Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis of Polybutene Market

FIGURE 4 Supply Chain of Polybutene Market

FIGURE 5 Share of Polybutene Market, by Country, 2020 (%)

FIGURE 6 Global Polybutene Market, 2020–2027

FIGURE 7 Sub Segments of Application

FIGURE 9 Polybutene Market size, by Application, 2020 (%)

FIGURE 10 Share of Polybutene Market, by Application, 2020–2027